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1216 Lakeland Drive

1216 Lakeland Drive, Andalusia, AL 36420
Property in Covington
Sold Oct 21, 2016
$185,000
Buyer
Seller
$100,000 by Mutual Of Omaha Mortgage Inc
Mortgage Due Dec 01, 2051
1216 Lakeland Drive has been categorized by the local assessors in Andalusia, AL as a residential type of property. The building on the property was first built in 1968 and is 56 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1216 Lakeland Drive has 2,932 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,573 ft and across the front of the lot is 3,555 ft. The area measurement of the land has been determined as 56,797 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of brick. While the interior walls have been made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1216 Lakeland Drive was last sold in Oct 20, 2016 for $185,000. According to our calculations, that's $63.10 per sqft. Current property owners are expected to pay $0 in taxes per year. The property on 1216 Lakeland Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,586. To break that down further, the land itself was valued at $2,830. While improvements to the property were assessed at a total of $26,756. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 56,797
  • Lot Size Depth Feet: 2,573
  • Lot Size Frontage Feet: 3,555
  • Total Building Area: 2,932
  • Building Area: 2,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE FOREST
  • Land Acres: 1.303
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DB/PG 2021/28260 JSD-DIE 11/5/2021 LOTS 13-17 BLK F LAKE FOREST SUB PB 3 PG 45 SEC 21 T4N R16E **2022/4036 QCD-CORR 2/22/2022ETAL: PARHAM, SHARON

Ownership

  • Current Owner : PARHAM TRUST
  • Previous Owner : MOHON DAPHNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Andalusia City School District
  • School Tax School District: ANDALUSIA
  • Census Tract: 961900

Geography

  • Account Number: 23420610
  • Section: 21
  • Parcel: 23-13-05-21-2-004-011.000
  • Block: F
  • Lot: 13-17
  • Meridian: SEC 21 TWN 04N RNG 16E
  • Municipality: 4N
  • Latitude: 31.3017
  • Longitude: -86.4626

    Address

  • Full Address: 1216 Lakeland Dr
  • Address - House Number: 1216
  • Address - Street Name: Lakeland
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Andalusia
  • Carrier Code: C005
  • 4-Digit Zip Code: 4614
  • Zip Code: 36420

Valuation

    Tax

  • Total Area: 3,115
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.4237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 15
  • Final Value: 260,512
  • High Value: 370,912
  • Low Value: 150,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $295,860
  • Market Land Value: $28,300
  • Market Improvement Value: $267,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,586
  • Assessed Land Value: $2,830
  • Assessed Improvements Value: $26,756

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2016
  • Current Sale Recording Date: Oct 21, 2016
  • Current Sale Transaction ID: 1882320680
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-14507

About Andalusia



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Frequently Asked Questions

What neighborhood is 1216 Lakeland Drive located in?
The 1216 Lakeland Drive is a located in the neighborhood of Covington in Andalusia, Andalusia.
What is the average sales price for listings in 1216 Lakeland Drive?
The average sales price for units in 1216 Lakeland Drive is $0 currently.

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